All Posts Tagged With: "St. Louis"
When Did The Mortgage Meltdown Begin?
It’s official. We now have a starting date for the mortgage meltdown. It was February 27, 2007, almost two-and-a-half years ago.
It was on that date that Freddie Mac said it would no longer purchase subprime mortgages and high-risk mortgage-backed securities.
Who says? The Federal Reserve Bank of St. Louis. It has come up with a financial [...]
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